Choose the One Alternative That Best Completes the Statement or Answers

question 110

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
Find the effective rate of interest.
-11.8% compounded continuously

• A) 12.174%
• B) 12.251%
• C) 11.889%
• D) 12.524%

---

Definitions:

Fallacy

A mistaken belief or error in reasoning often resulting in a weak argument.

Consequent

The second part of a conditional statement, which is the result or outcome that follows from the condition stated in the first part (the antecedent).

Proposition

A statement that expresses a judgement or opinion which can be either true or false.

Modus Ponens

A logical argument form where if a conditional statement ("if p then q") and its antecedent (p) are true, then the consequent (q) is also true.